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NonQM Loans

What is a NonQM Loan?

NonQM loans offer a great solution for those who are unable to qualify for traditional mortgages. These specialized loans offer alternative opportunities to borrowers who may have difficulty meeting the stringent eligibility requirements of a traditional loan, such as self-employed individuals and those with unique income situations. NonQM loans also provide access to competitive interest rates that can help make homeownership a reality. Additionally, nonQM loans may provide borrowers with more flexible payment terms, allowing them to make payments that fit their budget. With nonQM loans, borrowers can have access to the financing they need without worrying about being denied due to non-traditional circumstances. If you’re looking for an innovative solution for home financing, nonQM loans are the answer. With nonQM loans, you can get the best of both worlds: competitive rates and flexible payment terms. Contact your local nonQM lender today to learn more about how nonQM lending can help you achieve your homeownership goals.

 

 

Non-traditional lenders are not held to the same standards as traditional lenders, making nonQM loans a great option for those who may have difficulty meeting rigid criteria. You can trust nonQM lenders to offer competitive interest rates and payment terms that fit any budget. When you partner with nonQM lenders, you don’t have to worry about being denied because of non-traditional circumstances. With nonQM loans, you’ll have access to the financing you need to make your homeownership dreams a reality. When you choose nonQM loans, you can rest assured that you are getting a loan product tailored specifically for you and your needs. Contact your local nonQM lender today to learn more about nonQM loans and how they can help you achieve your homeownership goals.

 

NonQM loans are an excellent financing option for those who may have difficulty qualifying for a traditional mortgage. These specialized non-traditional loans provide access to competitive interest rates, flexible payment terms, and tailored loan products that fit any budget. With nonQM loans, you can get the best of both worlds: competitive rates and flexible payment terms.

 

 

Types of NonQM Loans

If you have been denied for a traditional loan or you don’t need the guidelines set my conventional standards, then maybe a NonQM loan may be a great fit for you.

Below is a list of NonQM loans we offer. Click below to learn more about them.

Asset Depletion

Bank Statement Loans

DSCR Loans

Fix and Flip Loans

Foreign National Loans

No Income or Employment Verification

ITIN Loans

 

NonQM Loan Rates

 

As you can probably imagine, the rates you get for nonQM loans will greatly differ than for your more traditional loans, however, our job as mortgage brokers is to find you the best nonqm mortgage lenders available.

 

Our team proudly works with over 100 lenders to help find the best product available on the market.

 

If you are ready to see what we can do for you, 

Call The Letson Group Today at 719.445.2959!

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